Remortgaging
Remortgaging is a term that describes changing mortgage provider or borrowing more money to be secured against the shared ownership property.
If you wish to change lender or borrow more money you must get Tower’s permission before you proceed. There is Government money invested in your property and Tower have a duty to ensure that this is protected.
However, we do encourage our customers to shop around to find the best mortgage deals available at the most competitive rates and are happy to promote freedom of choice.
The 
Remortgaging Leaflet (388 KB) details the documents we require to consider your application to change mortgage provider.
If you are a HomeBuy, Key HomeBuy or Key Worker Living customer, there are Administrative Charges (1.4 MB) for dealing with your application. We make a charge to cover the cost of providing a service to you. Our shared ownership customers pay a fee included in their monthly service charges to cover the cost of Tower providing this service.
Here is a list of Financial Consultants (39 KB)
If you need any more help, please contact us.